QUESTION 6 2.5 po Use the following chart to answer how each transaction affects the accounting equation for the transactions listed below Assets Liabilities Equity NE b. NE NE d. No transaction On December 31, 2016, Stumpf Co. paid cash for the appropriate interest on the bonds it had issued on January 1, 2016 at 98, and amortized part of the discount on bonds. Indicate the effects of the payment of interest and amortization of the discount. Enter the answer from the table above using the letters QUESTION 7 2.5 Use the following chart to answer how each transaction affects the accounting equation for the transactions listed below Assets Liabilities Equity a. NE NE NE b. d. e. No transaction 7. On January 1, 2016, Stacey Co. issued $100,000 of bonds at the face value. Indicate the effects of issuing these bonds. Enter the answer from the table above, input the correct letter QUESTION 8 Use the following chart to answer how each transaction affects the accounting equation for the transactions listed below Assets Liabilities Equity a. NE b. NE NE NE d. e. No transaction Aehle Co. purchased 1,000 shares of its own stock as "treasury stock" for S30 per share. The "no-par" stock had originally been issued at $25 per share. Show the effects of the purchase. Input the answer using the table above, input the correct letter QUESTION 9 2.5 Use the following chart to answer how each transaction affects the accounting equation for the transactions listed below Assets Liabilities Equity a. NE b. NE NE d. NE e. No transaction Adams Co. declared and distributed a cash dividend. Input the correct answer from the table above QUESTION 10 Use the following chart to answer how each transaction affects the accounting equation for the transactions listed below Assets Liabilities Equity a. NE NE C. NE d. NE No transaction Smith Co. declared a cash dividend, but has not yet paid the money to the shareholders. Input the correct answer from the table above